LT

On 7th February 1946, it was being incorporated, and it carries on business as civil mechanical electrical chemical & agricultural engineers as manufacturers as importers & exporters & as contractors as well. It also represents a considerable number of overseas manufacturers, and notably manufacturers of tractors, dairy machinery, agricultural machinery, general industrial and film cooling towers and engineering plants and coal mining machinery.

In 1969, with effect from 1st Oct., Alu Capsules Ltd & India, Crown Cork, Co. Ltd, both were the wholly-owned subsidiaries being amalgamated with the company. And a new division was formed such as Bottle Closure Division. In 1975, it also commissioned a plant located at Bangalore for the manufacture of multipurpose hydraulic excavators and a high-pressure hydraulic system in collaboration with Poclain, S.A. France. Also, the Faridabad Factory became operative and started the manufacturing of switchboards. It also manufactured and delivered two-end shields for the Kakrapara Atomic Power Project and also it diversified into the field of 400 KV transmission lines.

In 1988, it also entered into collaboration agreements with Sundstrand Sauer, the USA for the manufacture of axial piston units, with case vibromax, W. Germany for the manufacture of vibratory compactors and with JI Case, USA, for the manufacture of wheel loaders. Also, a memorandum of understanding was signed between the company and Colas S.A of France for setting up a joint venture company for the production of asphalt emulsion. It also bagged the EPC contract for the INR 135 crore captive power plants being set up by Usha Martin Industries, now known as Usha Beltron, of the Jhawars. In 2000, it also declared a strategic partnership with SAP India and even set up a wholly-owned subsidiary named, `L&T Capital Company Ltd,' for focusing on the business opportunities in the capital market.

It also formed a separate company L&T EMSYS (or L&T Embedded Systems) for embedded software development.

NHAI or the National Highways Authority of India also signed two contracts with L&T for the construction of the two major bridges on the Vijayawada-Visakhapatnam section of NH 5 located in Andhra Pradesh.

It bagged 50 million orders from Oman India Fertilizer Project.